Case Study: How a £100,000 Bridging Loan Turned into a £110,000 Problem - and How I Reclaimed £2,000

https://www.slideserve.com/eogernrhbu/why-bridging-loans-cost-more-than-mortgages-clear-numbers-first-explanation

How a £100,000 Short-Term Loan Became a £10,000 Expense in Six Months I needed a short-term bridging loan for a refurbishment deal. The lender quoted a 16% annual rate and a 2% arrangement fee